corralito

English

Etymology

From Spanish corralito.

Noun

corralito (uncountable)

1. The economic measures taken in Argentina at the end of 2001 by Minister of Economy Domingo Cavallo in order to stop a bank run.

Spanish

A playpen

Etymology

• (#1) corral +‎ -ito
• (#2) Term coined by the Argentine economic journalist Antonio Laje in reference to the fact that money is locked in banks and can't escape, just like children are locked up in the playpen when the Argentine government prohibited withdrawing money from bank accounts for a year between 2001 and 2002.

Noun

corralito m (plural corralitos)

1. playpen

   Synonym: parque de bebés

2. corralito
   • 2015 July 7, “Francia y la Comisión Europea se movilizan para evitar el Grexit”, in El País‎^[1]:

     Con los bancos cerrados, corralito y controles de capital, el primer impago al FMI en un país desarrollado, el final del segundo rescate y el reciente referéndum, la situación de Grecia se vuelve cada vez más delicada.

     (please add an English translation of this quotation)

Related terms

• corralón

 

Further reading

• “corralito”, in Diccionario de la lengua española [Dictionary of the Spanish Language] (in Spanish), online version 23.8, Royal Spanish Academy [Spanish: Real Academia Española], 2024 December 10